Posted by admin on May 29th, 2022

NGK Spark Plug Co., Ltd. (OTCMKTS:NGKSY – Get Rating) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 4,700 shares, a growth of 56.7% from the April 30th total of 3,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 47.0 days.

NGKSY has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised NGK Spark Plug from a “sell” rating to a “neutral” rating in a research note on Wednesday, April 13th. CLSA raised NGK Spark Plug from an “underperform” rating to an “outperform” rating in a research note on Monday, May 2nd.

OTCMKTS:NGKSY remained flat at $$9.55 during trading hours on Friday. NGK Spark Plug has a 12 month low of $7.10 and a 12 month high of $9.55. The firm has a fifty day simple moving average of $8.38 and a 200-day simple moving average of $8.54.

NGK Spark Plug Company Profile (Get Rating)

NGK Spark Plug Co, Ltd., together with its subsidiaries, manufactures and sells spark plugs and related products for internal-combustion engines; and technical ceramics and applicable products in Japan. The company offers spark plugs, including plugs for aftermarket and original equipment, igniter plugs, and resister cables and covers; glow plugs comprising ceramic and metal type glow plugs, and glow controllers; and oxygen, NOx, temperature, and knock sensors.

Receive News & Ratings for NGK Spark Plug Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NGK Spark Plug and related companies with MarketBeat.com's FREE daily email newsletter.

BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Short Interest Up 55.2% in May

Life Healthcare Group Holdings Limited (OTCMKTS:LTGHY) Short Interest Up 57.7% in May